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Unum UNM Operating Income

Discontinued — last reported Q3 '24

Operating Income at other companies

Humana logo
HumanaHUM
$1.36B+23.9%
UnitedHealth Group logo
UnitedHealth GroupUNH
$8.99B-1.4%

Segments

By segment

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Unum US$329.6M+3.6%
Colonial Life$131.4M+11.9%
Closed Block-$75.4M-2,033%
Corporate-$44.5M-40.4%
Unum International$24.3M-41.6%

Other financials

Income statement

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Revenue$3.4B+0.3%
Net income$256.9M-23.5%
EPS (diluted)$1.61-16.1%

Balance sheet

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Cash & equivalents$199.2M-83.3%
Total debt$3.8B+0.5%
Total equity$10.8B-4.5%
Total assets$63.5B+1.0%

Cash flow

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Operating cash flow$503.5M+44.7%
CapEx$29.2M+4.7%
Free cash flow$474.3M+48.2%

Valuation

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Market cap$14.1B+17.5%
Enterprise value$17.67B+21.4%
P/E20.1×+12.2×
P/S1.1×+0.1×

Profitability

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Net margin5.3%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity6.4%-7.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Unum in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Unum’s 10-Q, filed October 30, 2024.

Filed
Oct 30, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0000005513-24-000161
Line itemThree Months Ended September 30 / 2024Three Months Ended September 30 / 2023Nine Months Ended September 30 / 2024Nine Months Ended September 30 / 2023
Income Before Income Tax$814.6$261.7$1,805.8$1,211.4
Excluding:
Net Investment Loss(12.9)(31.0)(24.5)(30.0)
Amortization of the Cost of Reinsurance(10.4)(11.1)(31.1)(33.1)
Non-Contemporaneous Reinsurance(6.0)(9.2)(20.2)(26.4)
Reserve Assumption Updates357.4(177.2)357.4(177.2)
Loss on Legal Settlement(15.3)(15.3)
Adjusted Operating Income$501.8$490.2$1,539.5$1,478.1

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's operating income?
Unum (UNM) reported operating income of $501.8M in Q3 2024.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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